McKinsey & Co plans to cut 360 jobs, affecting 3% of its specialist workforce, due to decreased demand for services.

Global consulting firm McKinsey & Co plans to cut approximately 360 jobs, affecting around 3% of its specialist and technically-skilled workforce. The layoffs will impact employees across various divisions, including design, data engineering, cloud, and software. The reductions are part of the firm's efforts to adjust the size of certain capabilities to match clients' evolving priorities, as demand for its services decreases.